2010 – Page 250

The Dominican Republic has 1,385 official betting parlors where people can play the lottery or place a bet on almost any sporting event. Some of these venues will accept bets worth as much as RD$200,000, according to Carlos Nina Gomez’s latest book “Dominican Sports Press: the history, capabilities and mistakes” (Prensa Deportiva Dominicana: su historia, …

Read more…

The Caribbean appears to be going though a record-breaking dry spell that has obliged some countries to close schools and courts. It even caused a riot in one jail and in some cases forced some people to walk three kilometers to find water. The worst part is that there is no relief in sight, according …

Read more…

In one of loveliest settings in the Colonial City, a concert of sacred music is being held at the Regina Angelorum Church on Sunday, 11 April at 5pm. Music by Anton Bruckner (1824-1896), the Requiem in D Minor, the Ave Maria in D Minor, and the Te Deum in C will be played at the …

Read more…

President Leonel Fernandez is heading east to campaign for his ruling PLD party’s congressional and municipal candidates. The President will visit La Altagracia and El Seibo provinces and Boca Chica on Friday and Saturday. Fernandez also has plans to visit San Jose de Ocoa on Sunday morning, back in time to campaign in the Circumpscription …

Read more…

Judge Pedro Reynaldo Vasquez Lora of the Second Chamber of the Civil and Commercial Court has ordered the Central Electoral Board (JCE) to register the candidacy of former Police chief Bernardo Santana Paez. Santana wants to run for deputy in El Seibo, in an alliance between the ruling PLD party and the PRSC. Guarino Cruz, …

Read more…

Speaking at the opening of the World Class Sustainable Tourism Clusters Conference at the Barcelo Bavaro Convention Center in Punta Cana, executive director of the National Competitiveness Council (CNC) Andres Vanderhorst Alvarez called for promoting nationwide awareness of clusters He encouraged sectors related to the tourism industry to work to achieve their cluster awareness. “Clusters …

Read more…

The International Monetary Fund has approved the letter of intent sent by the Central Bank on 19 March, as reported in Diario Libre. The DR now expects to receive approximately US$120 million from the IMF this week. Of the amount, US$37.87 million will bolster the national budget and US$82.20 million is being allocated to strengthen …

Read more…

Writing in Hoy, former Central Bank governor Bernardo Vega comments on his interpretation of the second letter of intent sent to the International Monetary Fund. He says that the second letter was necessary, five months after a first was sent in October 2009, because the government had not met two of its commitments. It failed …

Read more…

Central Bank Governor Hector Valdez Albizu says that according to the Monthly Economic Activity Index the Dominican economy experienced a growth rate of 6% in the first two months of the year, adding that this is good news. Valdez was speaking during the fifth anniversary celebrations for an economic news journal. He said that tourism, …

Read more…

Statistics from the State Electricity Corporation (CDEEE) indicate that 36% of customers paying for the service in Santo Domingo are rewarded with blackouts. According to CDEEE figures, the electricity distribution companies have 1,361,380 registered clients. Of these paying customers on average 492,206 do not receive power some time of the day. Reportedly, only 869,174 clients …

Read more…